“It’s kind of shocking to realize the person known as the father of modern economics, Adam Smith, didn’t think the pursuit of wealth was a very good idea,” say Russ Roberts. “He thought it was corrosive, thought it was bad for you, thought ambition was bad for you, thought the pursuit of fame would destroy your character and your happiness, your serenity, your tranquility.
Russ Roberts: Adam Smith’s Surprising Guide to Happiness (But Not Wealth)
Michael Zimmerman’s Prentice Capital is having a strong year
Prentice Capital was up 15.3% net last month, bringing its year-to-date gain to 49.4% net. Prentice touted its ability to preserve capital during market downturns like the first quarter of this year and the fourth quarter of 2018. Q3 2020 hedge fund letters, conferences and more Background of Prentice Capital The fund utilizes a low Read More